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If an investor disagrees with a founder so much that they are willing to take actions that force that founder to act against his/her own will, then things must
by shimon 16y ago
If an investor disagrees with a founder so much that they are willing to take actions that force that founder to act against his/her own will, then things must be in pretty bad shape. When a company is doing great, nobody picks fights with its leaders.
On the other hand, there may be cases where a generally positive opportunity, such as a possible sale, is valued very differently by a founder and VCs. I'm not sure how common these cases are, or whether there are existing rules about the board's obligations to shareholders that reduce the likelihood of conflict.